Xi Jinping’s comment that he was “both pleased and concerned” about CATL’s EV battery market dominance has prompted industry executives to brace for government scrutiny
The facility, situated in the embattled Xinjiang region, will process three million tons of precious metals annually
Officials in Yichun, known as Asia’s lithium capital, said last week they were cracking down on illegal mining – news that comes amid a big drop in the price of lithium, which could last for some time
The electric vehicle maker is aiming to build a facility to produce its Blade Battery, which it claims is safer than other alternatives in the market
The US carmaker's aggressive price cuts earlier this year helped it to stoke demand amid rising inventories
This is the second time in a week that Berkshire Hathaway reduced its stake in the Chinese electric vehicle maker
CEO Jim Rowan said the automaker is assessing logistics and "cost benefits" as the plant will "feed other countries other than just India"
The investment company has gradually reduced its holding in the rapidly expanding Chinese EV-maker by more than a third
Chief executive Elon Musk said the EV-maker's 2023 deliveries could hit 2 million vehicles, so long as there were no external disruptions
Representatives from Ford's German management are scheduled to visit China in the upcoming week to examine the possibility of selling the facility
Warren Buffett-backed BYD took the lead among Chinese electric-car makers, with a 152.5% increase in EV deliveries
Several Tesla owners in Shanghai also said they felt misled by Tesla sales staff who told them they would face higher prices in the new year